Gentoo Media Announces Significant Share Acquisition by MJ Foundation Fundacja Rodzinna
Gentoo Media's Significant Share Acquisition by MJ Foundation Fundacja Rodzinna
In a notable move within the online gambling sector, MJ Foundation Fundacja Rodzinna, a firm connected to Mateusz Juroszek, Board Member of Gentoo Media Inc., announced the acquisition of 27,000 shares of Gentoo Media at an average price of SEK 20.98 per share. This development not only represents a strategic financial decision but also highlights the growing confidence in Gentoo Media’s market positioning.
Following this recent transaction, close associates of Juroszek now hold a total of 25,014,905 shares in Gentoo Media. The acquisition is viewed as a vote of confidence in Gentoo Media's future, especially after the company evolved from its former identity as GiG Media in 2024, owing to a legal restructuring that split the media and platform businesses into two standalone entities.
Gentoo Media has established itself as a leading affiliate in the iGaming industry, effectively connecting various operators with players in gambling and sports betting realms. The company boasts a robust portfolio of well-recognized brands, such as AskGamblers, Time2Play, CasinoTopsOnline, WSN, and Casinomeister which are instrumental in providing expansive marketing solutions and quality traffic to its partners.
Moreover, through its subsidiary Titan Inc., Gentoo Media has diversified its offerings by providing SEO and content services tailored for online businesses, further cementing its role in a competitive marketplace. These innovative strategies are vital for maintaining relevance and driving growth in a rapidly evolving digital landscape.
This recent acquisition falls under the purview of the disclosure obligations set by the Norwegian Securities Trading Act, indicating Gentoo Media’s commitment to transparency and regulatory compliance. As the company continues to strengthen its market presence, such financial maneuvers are expected to bolster stakeholder confidence and attract more investors.
Gentoo Media is dual-listed on the Oslo Stock Exchange (with the ticker **